Phoenix Mills Sees Surge in Open Interest Amid Increased Market Activity
Phoenix Mills Ltd. has seen a notable rise in open interest, reaching 16,429 contracts, alongside a trading volume of 33,908 contracts, indicating increased market activity. The stock has outperformed its sector and is trading above several moving averages, despite a decline in delivery volume compared to recent averages.
Phoenix Mills Ltd. has experienced a significant increase in open interest today, reflecting heightened activity in the stock. The latest open interest stands at 16,429 contracts, up from the previous 13,202 contracts, marking a change of 3,227 contracts or a 24.44% increase. The trading volume for the day reached 33,908 contracts, indicating robust participation in the market.In terms of price performance, Phoenix Mills has outperformed its sector by 2.59%, with the stock gaining 4.51% over the last two days. Today, it opened with a gain of 2.24% and reached an intraday high of Rs 1,597.5, reflecting a 5.3% increase. The stock is currently trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below its 200-day moving average.
Despite the positive price movements, there has been a notable decline in investor participation, with delivery volume dropping by 55.75% compared to the 5-day average. The liquidity remains adequate for trades of Rs 2.24 crore, based on 2% of the 5-day average traded value. Overall, the increase in open interest alongside the stock's recent performance highlights a dynamic trading environment for Phoenix Mills Ltd.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
